HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Stock analysts at B. Riley issued their Q1 2026 earnings per share (EPS) estimates for HIVE Digital Technologies in a research note issued to investors on Wednesday, July 9th. B. Riley analyst N. Giles anticipates that the company will post earnings per share of ($0.10) for the quarter. The consensus estimate for HIVE Digital Technologies' current full-year earnings is ($0.32) per share. B. Riley also issued estimates for HIVE Digital Technologies' Q2 2026 earnings at ($0.08) EPS, Q3 2026 earnings at ($0.06) EPS, Q4 2026 earnings at ($0.04) EPS, FY2026 earnings at ($0.28) EPS and FY2027 earnings at ($0.19) EPS.
Several other equities analysts have also issued reports on the company. HC Wainwright dropped their price objective on HIVE Digital Technologies from $9.00 to $6.00 and set a "buy" rating on the stock in a report on Friday, June 27th. Canaccord Genuity Group reaffirmed a "buy" rating and set a $9.00 price objective on shares of HIVE Digital Technologies in a report on Thursday, July 3rd. Rosenblatt Securities dropped their price objective on HIVE Digital Technologies from $5.50 to $5.00 and set a "buy" rating on the stock in a report on Friday, June 27th. Cantor Fitzgerald raised their price target on HIVE Digital Technologies from $5.00 to $5.50 and gave the stock an "overweight" rating in a report on Friday, June 27th. Finally, Wall Street Zen raised HIVE Digital Technologies to a "sell" rating in a report on Saturday, May 17th. One research analyst has rated the stock with a sell rating, eight have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $6.57.
View Our Latest Stock Analysis on HIVE Digital Technologies
HIVE Digital Technologies Stock Performance
NASDAQ:HIVE remained flat at $2.30 during trading hours on Friday. The company had a trading volume of 34,252,376 shares, compared to its average volume of 13,076,106. The company has a market capitalization of $492.90 million, a PE ratio of -6.39 and a beta of 3.40. The company has a 50-day simple moving average of $1.94 and a two-hundred day simple moving average of $2.14. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.72 and a quick ratio of 3.72. HIVE Digital Technologies has a 52-week low of $1.26 and a 52-week high of $5.54.
HIVE Digital Technologies (NASDAQ:HIVE - Get Free Report) last posted its earnings results on Wednesday, June 25th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.20). The business had revenue of $31.16 million during the quarter, compared to analysts' expectations of $31.47 million. HIVE Digital Technologies had a negative net margin of 48.65% and a negative return on equity of 20.30%.
Institutional Investors Weigh In On HIVE Digital Technologies
Hedge funds have recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in HIVE Digital Technologies in the fourth quarter valued at about $26,000. Wells Fargo & Company MN lifted its position in HIVE Digital Technologies by 60.9% in the fourth quarter. Wells Fargo & Company MN now owns 15,320 shares of the company's stock valued at $44,000 after purchasing an additional 5,800 shares during the period. Franklin Resources Inc. acquired a new stake in HIVE Digital Technologies in the fourth quarter valued at about $53,000. LPL Financial LLC acquired a new stake in HIVE Digital Technologies in the fourth quarter valued at about $54,000. Finally, Plancorp LLC lifted its position in HIVE Digital Technologies by 90.5% in the fourth quarter. Plancorp LLC now owns 20,000 shares of the company's stock valued at $57,000 after purchasing an additional 9,500 shares during the period. Institutional investors and hedge funds own 24.42% of the company's stock.
HIVE Digital Technologies Company Profile
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HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.
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